Research On Credit Concentration Of Commercial Banks In China

The commercial bank credit as an approach of configuration of social capital resources has a very important influence in the development of national economy. Particularly, the commercial bank credit is not only a principal way of Chinese corporate financing, but also a crucial element for the implementation of macro-economic control. After the Asian financial crisis, financial risks was greatly concerned by all countries, China also began to implement the market-oriented reform plan with the purposes in guarding against financial risks, and commercial bank credit risks control has become the focus of reform.Commercial banks have an big adjustment in mechanism and credit management, implement a unified national credit management mechanism in order to strengthen the centralized management of credit, devote credit funds to competitive enterprises, industry, developed areas, in accordance with the principles of market economy, optimizing the allocation of credit funds, the pursuit of profit maximization. Main problems: First, credit the "big", to provide loans to listed companies, large corporations, cities, large projects, infrastructure, municipal and real estate projects; second loan, "long" ,credit concentrate from short-term liquidity loans to long-term loans; Third, loan-to-"monopoly", devote credit funds to transport, tobacco, electricity, telecommunications monopoly industries actively. Naturally, concentration of credit will be inevitable phenomenon. By the end of 2006, the Industry of bank had gone into a period of all-round opening-up for foreign banks, so that competition in the banking sector has become more intense. Banks are in fierce competition for customers, there is a phenomenon: the coin of one side is banks have no clients; the other is that there is no capital for small-to-medium-sized enterprises. In some way, concentration of credit promoted the rapid development of the relevant industry and the region, but focus on long-term concentration of credit will also impede the other industries, regional development, and excessive concentration of credit may also trigger a financial crisis.The dissertation, through a combination of economics theory, analyzes the causes and risk of credit concentration in several aspects, and put forward some suggestions. The first part of the article analyzes the status of credit concentration in China. The second part focus on the causes of credit concentration from two aspects: first, with the game theory from the perspective of asymmetric information, study the general causes of credit concentration; second, from the special circumstances of China, reach the reason of credit concentration. The third part describes the risks of credit concentration from the three areas. The last part gives out the solutions of credit concentration on the foundation of the entire thesis research.